Live Oak Bancshares, Inc. Declares Cash Dividend, Payable on March 12, 2024
February 13, 2024 at 04:31 pm EST
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Live Oak Bancshares, Inc. announced that on February 13, 2024, the Board of Directors declared a cash dividend of $0.03 per share payable on March 12, 2024 to shareholders of record of the Company?s voting common stock as of February 27, 2024.
Live Oak Bancshares, Inc. is a bank holding company. The Company conducts business operations through its commercial bank subsidiary, Live Oak Banking Company (the Bank). The Bank specializes in providing lending and deposit-related services to small businesses nationwide. Its segments include Banking and Fintech. Banking segment specializes in providing financing services to small businesses nationwide in industries and deposit-related services to small businesses, consumers, and other customers nationwide. The Fintech segment is involved in making strategic investments in emerging financial technology companies. The Fintech segment is comprised of the Company's direct wholly owned subsidiaries, Live Oak Ventures, Inc. and Canapi Advisors, LLC, and the investments held by those entities, as well as the Bank's investment in Apiture, Inc. The Bankâs loan portfolio includes commercial and industrial loans, construction and development loans, commercial real estate, and commercial land.
LIVE OAK BANCSHARES, INC. 
